Official press releases from Aurania Resources
Aurania reports that stream sediment results and rock textures found in initial field exploration have identified the first epithermal target – the “Latorre” target – on Aurania’s wholly-owned Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador. Epithermal systems are the prime target for gold-silver deposits in the Project area.
Aurania Resources Ltd. announces that following the press release issued by the Company on January 4, 2018, it came to the attention of management that an independent third-party article about Aurania was published by E. B. Tucker at The Casey Report just prior to the increase in share price. The Company believes that there could be a correlation with the timing of this report and the increase in share price and trading volume. Aurania did not pay for the article in the Casey Report and was unaware that an article was being prepared for distribution to Casey Report subscribers.
At the request of the Investment Industry Regulatory Organization of Canada (IIROC), Aurania Resources (“Aurania” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
Aurania Resources Ltd. reports that coverage was given to the Company in an article by Bloomberg Businessweek. The article follows a four-day visit by a Bloomberg news reporter to the Lost Cities – Cutucu Project area. The reporter spent this time with Aurania’s exploration crews and management in the field. The field visit was entirely funded by Bloomberg.
Toronto, Ontario, December 6, 2017 – Aurania Resources Ltd. (TSX-V: ARU) (“Aurania” or the “Company”) is pleased to report on the first of a number of targets defined by the recently-completed airborne geophysics survey over its Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador. The data continue to be processed, analyzed and then integrated with geological information and satellite imagery in order to identify priority targets. The “Awacha Target” is defined by magnetic features and a structural setting similar to the known porphyry copper-gold and copper deposits in the adjacent Cordillera del Condor.
Aurania is pleased to report that it has completed the airborne geophysical survey over its large 2,080 square kilometre Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador. The airborne magnetic and radiometric survey has been completed on budget. The data is now being levelled for analysis and interpretation.
Aurania is pleased to announce that Mr. Jean Paul Pallier has been appointed Vice President – Exploration to lead the exploration of the Company’s Lost Cities – Cutucu Project in southeastern Ecuador (the “Project”). The Company also granted 430,000 stock options and 124,500 restricted stock units (“RSUs”) to management, directors and members of the Ecuadorian exploration, community relations and administration team.
The heliborne geophysics program is over two-thirds complete and the program is expected to be concluded in late October. The program has been affected by unusually cloudy weather, and since the helicopter undertakes the survey at a ground clearance of only 60 metres, the survey must be conducted in near-perfect weather conditions. However, we remain on-budget. Data from the survey are being processed and analyzed by an independent consultant working directly for Aurania as well as by MPX Geophysics Ltd, the Canadian company that has been contracted to undertake the survey.
Dr. Keith Barron will be making a presentation entitled “Aurania’s Lost Cities – Cutucu Project” at the Mines and Money Americas investment conference in Toronto. The presentation is scheduled to start at 4:20pm, Wednesday October 4th, 2017 in the Soco Ballroom on the 3rd floor of the Delta Toronto Hotel, 75 Lower Simcoe Street, Toronto, Ontario, M5J 3A6.
Toronto, Ontario, August 3, 2017 – Aurania Resources Ltd. (TSXV: ARU) (“Aurania” or the “Company”) announces that a heliborne geophysics survey of the Lost Cities – Cutucu Project (“Project”) in southeastern Ecuador commenced yesterday.
“This geophysical survey is a key step toward our objective of discovering mineral deposits in a large tract of exploration concessions that cover the geological extension of a prolific mineral belt in southeastern Ecuador.” said Dr. Keith Barron, CEO of Aurania. “We have recruited a team with considerable experience in the southern part of the cordillera, having had direct involvement in the discovery of the Fruta del Norte gold deposit as well as the San Carlos and Mirador copper deposits, all of which are now in the mine construction phase. We look forward to applying our experience to the northern part of the cordillera and we expect a regular flow of news, now that exploration has started in earnest.”